Maturing startup ecosystem brings new business models to Indonesia

The Business Times

The market opportunity for Clockster is bigger in Indonesia compared to its home market of Kazakhstan, with a population 14 times bigger than the 18.8 million in Kazakhstan. With a solution that fits the local market needs, Clockster already had some customers in Indonesia before a big promotional push in January 2022, and it has secured a US$750,000 Series A funding led by venture capital firm Quest Ventures.

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